Dr. Reddy’s Laboratories Ltd. reported consolidated revenue of ₹88.28 billion for Q2 FY25, slightly above estimates, driven by strong performance in branded markets and its nicotine replacement therapy portfolio. Net profit stood at ₹13.47 billion, marginally below expectations. The company remains optimistic about sustained growth across therapeutic categories.
Dr. Reddy’s Laboratories Ltd. has posted a robust Q2 FY25 performance, with consolidated revenue from operations reaching ₹88.28 billion—surpassing the IBES estimate of ₹87.88 billion. The growth was primarily fueled by strong traction in branded markets and notable contributions from its nicotine replacement therapy portfolio.
Despite the revenue beat, the company’s consolidated net profit came in at ₹13.47 billion, slightly below the IBES forecast of ₹14.1 billion. The management attributed the variance to higher R&D investments and strategic expansion costs, which are expected to yield long-term benefits.
Key Highlights:
Notable Update on Revenue: Q2 consolidated revenue rose to ₹88.28 billion, driven by branded formulations and consumer health products.
Major Takeaway on Profitability: Net profit stood at ₹13.47 billion, reflecting disciplined cost management despite increased investment in innovation.
Therapeutic Portfolio Strength: Nicotine replacement therapies and chronic care segments contributed significantly to topline growth.
Operational Efficiency: The company maintained healthy EBITDA margins, supported by product mix optimization and geographic diversification.
Outlook: Dr. Reddy’s remains focused on expanding its global footprint and investing in differentiated generics and biosimilars.
Sources: BSE Corporate Filings, NSE Announcements, Dr. Reddy’s Investor Relations Portal